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B6-19 (book/static) Question Help Assume the zero-coupon yields on default-free securities are as summarized in the following table: Maturity 1 year 2 years 3 years

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B6-19 (book/static) Question Help Assume the zero-coupon yields on default-free securities are as summarized in the following table: Maturity 1 year 2 years 3 years 4 years 5 years Zero-Coupon Yields 4.00% 4.30% 4.50% 4.70% 4.80% What is the price of a three-year, default-free security with a face value of $1,000 and an annual coupon rate of 4%? What is the yield to maturity for this bond

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